The latest Luis Heredia MLB and fantasy baseball news

The Pittsburgh Pirates agreed to sign Mexican 16-year-old P Luis Heredia to a deal with a $2.6 million signing bonus, the Pittsburgh Post-Gazette's Dejan Kovacevic reports. It's the biggest payout in franchise history for an international amateur.

The New York Yankees are reportedly getting more involved in the bidding process for 15-year-old Mexican amateur P Luis Heredia, according to Dejan Kovacevic of the Pittsburgh Post-Gazette. However, the Pittsburgh Pirates and Toronto Blue Jays are still considered the front-runners. Heredia cannot be signed until he turns 16 Aug. 16.